May 03 (Friday)
YRI
Opinion: Americans’ living standards are at an all-time high. Here’s proof (MW)
Daily Markets Overview
Markets
U.S. Stocks Decline as Oil Prices Fall Sharply (W)
After Oil, U.S. Weighs Sanctions on Iran’s Other Dollar Sources (W)
Central banks
Fed Is Shifting the Goal Posts, and Investors Should Care (W)
Federal Reserve fends off efforts to be politicized by President Trump… for now (C)
Tweak to U.S. payment to banks may bolster Fed’s credibility (R)
Head of world’s largest hedge fund says adoption of unorthodox monetary policy is ‘inevitable’ (MW)
My Brush With Personal Destruction (W)
Stephen Moore withdraws from Fed consideration, Trump says (C)
Trump’s 0-for-4 Streak on Fed Choices Raises Concern on Vetting (B)
US
Millennials are pouring into these smaller cities and buying homes (C)
Why Wages Are Finally Rising, 10 Years After the Recession (N)
Where the Good Jobs Are (N)
Europe
Euro-Area Factory Slump Eases in April as Italy Exceeds Estimate (B)
US politics
Biden Faces Early Heat From the Left (W)
Cory Booker’s 2020 Presidential Campaign Is Short of Donor Threshold (W)
Pelosi Says Barr Lied to Congress (W)
CBO Sees National Debt Continuing to Grow (W)
Washington’s Biggest Lobbyist, the U.S. Chamber of Commerce, Gets Shut Out (W)
Geopolitics & trade
Foxconn Chairman Meets With Trump as Wisconsin Plant Plans Fall Behind (W)
U.S. Boosts Natural-Gas Exports to EU, Aiming to Dent Russian Sales (W)
Industries & companies
Autos: Tesla rolls out employee loan benefit as factory workers cope with unpredictable hours (C)
FAANGs: Potential Facebook Settlement With FTC Likely to Include WhatsApp (W)
FAANG: Facebook Building Cryptocurrency-Based Payments System (W)
FAANGs: Facebook Bans Louis Farrakhan, Alex Jones, Others as ‘Dangerous’ (W)
Retail: Walmart to Try Thinning Store Manager Ranks (W)
Corporate finance
Sinclair to buy Disney’s sports networks in $10 billion deal: WSJ (R)
Tesla Looks to Sell $2.3 Billion in Stock, Bonds to Raise Cash (W)
Verizon Looks to Unload Tumblr Blogging Site (W)
